Paul Rothbard founded In-Shape Health Clubs in 1981. The company operates a chain of gymnasiums, mainly in California.
The company offers the usual workout equipment, most locations have swimming pools and private instructors.
The company had financial problems before the Covid pandemic of 2020-2022. Despite having outdoor facilities, many users opted to stay home or find other resources for exercise.
In-Shape filed for bankruptcy at the end of 2020. Former CEO and son of founder Morton Rothbard, Paul Rothbard, purchased half of the company in early 2021, along with help from Aquiline Capital Partners.
In January 2023, Perpetual Capital Partners, who also owns California Family Fitness, acquired In-Shape for an undisclosed amount.
Under the merger agreement, both fitness clubs will retain their own names.
In Shape maintains a corporate office in Stockton, California.
Paul Rothbard founded In-Shape Health Clubs in 1981. The company operates a chain of gymnasiums, mainly in California.
The company offers the usual workout equipment, most locations have swimming pools and private instructors.
The company had financial problems before the Covid pandemic of 2020-2022. Despite having outdoor facilities, many users opted to stay home or find other resources for exercise.
History
In-Shape filed for bankruptcy at the end of 2020. Former CEO and son of founder Morton Rothbard, Paul Rothbard, purchased half of the company in early 2021, along with help from Aquiline Capital Partners.
In January 2023, Perpetual Capital Partners, who also owns California Family Fitness, acquired In-Shape for an undisclosed amount.
Under the merger agreement, both fitness clubs will retain their own names.
In Shape maintains a corporate office in Stockton, California.
Leave a Reply